Natixis Pfandbriefbank arranges EUR75 million facility for Blackstone

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Natixis Pfandbriefbank has arranged a EUR75 million senior debt facility for funds managed by Blackstone to finance the acquisition of a mix-used asset located in the HafenCity district of Hamburg.

Natixis Pfandbriefbank acted as mandated lead arranger, lender, facility and security agent in the transaction, which reached financial close on 3 June 2014.

Known as the Sumatrakontor, the property was built in Überseequartier, the commercial zone of HafenCity, in 2011. It provides 30,500 square metres of lettable area – spanning the sixth to ninth floors – for residential, retail and office purposes.